Tag: WealthTech News Europe
German wealthtech Bunch lands $15.5m Series A
Bunch Secures $15.5 Million in Series A Funding
Key Points:Funding Round:Amount Raised: $15.5 million.
Lead Investor: FinTech Collective...
ICYMI fintech funding round-up: Carry, Fragment, Powder, and more
ICYMI Funding Round-Up
CarryFunding: $10 million Series A
Lead Investor: Accomplice VC
Valuation: $65 million pre-money
Purpose: Hiring, R&D...
Social trading app Shares set to exit UK market
Key Points:Market Exit:Shares is set to exit the UK market after two years of operations.
The decision...
Bux sells UK subsidiary Bux Financial Services Limited to UAE’s Asseta Holding
Summary of Bux Holding's Sale of Bux Financial Services Limited (BFS)Entities Involved:Seller: Bux Holding (Netherlands-based).
Buyer: Asseta...
BlackRock to acquire private markets data provider Preqin for $3.2bn
BlackRock to Acquire Preqin: Key PointsAcquisition Details:US asset management firm BlackRock will acquire Preqin, a UK-based private...
Turkey’s Papara taps DriveWealth for fractional investing solution
Partnership Announcement:Turkish banking challenger Papara has partnered with US-based financial tech firm DriveWealth.
The partnership aims to...
FE fundinfo snaps up wealth management fintech Dericon
Acquisition Details:Acquirer: FE fundinfo, a UK-based financial data firm.
Target: Dericon, a wealth management fintech based in...
Globacap hires WealthKernel’s Brian Schwieger as new chairman
Appointment of Brian Schwieger as Chairman: Globacap, a private capital platform, has appointed Brian Schwieger, an industry veteran,...
JTC to acquire First Republic Trust Company of Delaware from JP Morgan for $21m
Acquisition Overview:JTC, headquartered in Jersey, is set to acquire First Republic Trust Company of Delaware (FRTC-DE) from...
EQT to sell data management tech firm Rimes to Five Arrows
Rimes:Provides enterprise data management and investment intelligence solutions for asset managers.
Supported by EQT since 2020 with...
Baader Bank modernises regulatory trade and transaction reporting with Broadridge
Baader Bank, based in Germany, is upgrading its regulatory trade and transaction reporting systems with the assistance of...
7IM expands UK footprint with acquisition of Eastcote Wealth Management
Seven Investment Management (7IM) is expanding its presence in the UK through the acquisition of Eastcote Wealth Management,...